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    Internet of Things Businesses Seeking Loan

    Showing 1 - 2 of 2 Internet of Things Businesses Seeking Loan. Lend to an Internet of Thing, IoT or a Home Automation Business.

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    Smart Grid Equipment Company Seeking Loan in Nashik, India

    Company in Nashik plans to manufacture smart energy meters and also few IoT based products.
    - We are already running a manufacturing firm which produces control systems for power management for industrial machinery. - Planning to start a new company to manufacture IoT based smart systems, which will be used to read and manage electrical energy levels in electrical power stations and transmission stations. - Have received contract from Maharashtra State Electricity Transmission Company (MSETCL) to supply smart meters for their power stations. - Have identified a 5 acre land to lease out and setup our manufacturing unit. This is located in an industrial area, which will help us in logistics and procurement.
    7.8   Nashik
    Run Rate Sales
    Nil
    EBITDA Margin
    Nil
    Business Loan
    USD 1.2 Mn at 10%
    Contact Business

    Warehousing Company Seeking Loan in Cuttack, India

    Technology company that provides an automatic parcel/baggage locking system seeks a business loan.
    - We are a newly established technology company and have developed IoT-based locking & storage system. - On a monthly basis we can manufacture up to 8 units. - We are mainly a B2B company with railways, and bus stands as our customers. - Our machines can be installed in public places which can act as a locker or storage facility for mails, e-commerce parcels, logistics, etc. - In case of unavailability for picking up any parcel, the user can give the address of one of our lockers. - Currently, we are acquiring space to install our machines. - We have three business models. Firstly the sale of lockers. Secondly, a fixed price that we charge for using our storage facility. And lastly revenue from advertisements (since our machines will be placed in public places). - The company has two directors with an equal stake in the business. - Business does not have any outstanding loans. - Since we are a start-up, last year we did not make much revenue. In the current year, we have started selling our lockers. This is the reason for the high growth of our revenue.
    Technology company that provides an automatic parcel/baggage locking system seeks a business loan.
    6.8   Cuttack
    Run Rate Sales
    USD 120 thousand
    EBITDA Margin
    Nil
    Business Loan
    USD 120 K at 9%
    Contact Business

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    • How many internet of things businesses seeking loan are listed on SMERGERS?
      There are 2 active and verified internet of things businesses seeking loan listed on SMERGERS as of 20 April 2024.
    • What level of due diligence does SMERGERS conduct on the businesses/member?

      SMERGERS scrutinizes all profiles and only features a select group of businesses, investors, advisors that meet a basic requirement. When required, certain members may have submitted some form of proof …read more
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